As GPay turns 7 in India, the X, previously Twitter, of mum or dad Google India shared greetings. “HBD HBD HBD HBD HBD HBD HBD GPay 🥰🍰,” mentioned a submit on Google India’s official deal with.
Over time, GPay has performed an necessary position in India’s UPI success. In keeping with Nationwide Funds Company of India (NPCI), GPay is the second hottest UPI app in India. The app noticed 7,42,223.07 crore transactions in worth. The No. 1 UPI app in India is PhonePe.
Expanded SoundPods in India
Earlier this yr, Google introduced the enlargement of Soundpods for retailers throughout India. The corporate had launched Soundpods final yr in India on a restricted pilot scale. Like Paytm‘s soundbox, GooglePay (GPay) soundpod is an audio notification service offered by a speaker gadget that alerts retailers after QR code funds.
“Final yr, we launched our SoundPod product in a restricted pilot – an audio gadget that helps retailers observe QR code funds with audio alerts when a cost is acquired. Taking part retailers have shared constructive suggestions, noting it reduces checkout time. We’re happy to announce SoundPods shall be out there for small retailers throughout India over the approaching months, bringing appreciable ease and comfort to thousands and thousands of SMBs,” wrote Ambarish Kenghe, Vice President, Product, GooglePay.
“In January, we introduced a collaboration with NPCI Worldwide Funds Restricted (NIPL) to make UPI funds doable from outdoors India and to facilitate the adoption of UPI-like frameworks in international locations past India,” the weblog added.
GPay shutdown within the US
In February this yr, Google introduced that it’ll discontinue its standalone funds app, GPay, within the US beginning June 4, 2024. The rationale behind Google’s determination stays unknown. “At the same time as our strategy evolves in different international locations, together with latest modifications particular to the U.S., there isn’t any bearing on how the GooglePay app features for customers and retailers in India,” wrote Kenghe within the weblog.